1-bedroom flat · SO41 8EZ
Sold STCListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built house managed ground floor one bedroom apartment with private access, being situated within this development close to Fox Pond shops and easy access to Lymington Town centre.
The property has well maintained communal grounds and facilities and the apartment itself is offered in fair condition throughout.
THE ACCOMMODATION COMPRISES: (All measurements are approximate) Communal Entrance Door Hallway to Front Entrance Door Hall Storage cupboard Sitting/Dining Room 16’7 x 10’7 Electric heater, wall light points, television point, double glazed door to an area of garden leading to the front entrance.
Kitchen 7’4 x 5’5 Floor standing and wall mounted cupboards and drawers, sink unit, oven, fridge and freezer, tiled splashback to work surfaces Bedroom 11’9 x 8’6 Electric heater and double wardrobe cupboard Shower Room Shower cubicle with electric shower, wc, wash basin, towel rail.
Council Tax – A EPC Rating – C Leasehold – 54 Years Remaining Maintenance - £1,679.87 per 6 months Ground Rent - £439.39 per 6 months
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Homewood House, Milford Road, Pennington, Lymington, SO41
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